According to data published by The Wall Street Journal, 3.7 million Americans submitted amended federal income tax returns in 2015. These amends were made to take advantage of tax...
Posted by Kimberly Perry CPA on 03/27/2017
Time Running Out to Claim $1 Billion in Tax Refunds from 2013Taxpayers who did not file a tax return for 2013 may be one of the nearly 1 million who may be due a refund from that year....
Posted by Emelia Mensa CPA on 03/03/2017
Generally, there are two major issues most taxpayers come across with regard to their tax commitments. First is failing to withhold sufficient federal income taxes. Second, being...
If you’re leaving your job and you have a retirement plan (other than a defined benefit (pension) plan), you generally have four options for your account balance:1. Leave your...
Posted by Emelia Mensa CPA on 01/18/2017
You probably know of several businesses whose formal names end with the acronym LLC. And you probably also know that LLC stands for limited liability company. Here are ten things you...
Posted by Vilensky & Company on 10/24/2016
6.3.1 Taxation of Investments in U.S Real Property by Canadian Investors6.3.1 (a) - IntroductionThere are many tax and legal considerations that must be weighed before making an investment...
Posted by The Accounting and Tax on 07/28/2016
While many of us do not enjoy the prospect of planning for our own demise, estate planning does serve a function. It provides a way to make sure that our wealth and our wishes are...
When it comes to caring for routine tasks around the home, many individuals use hired help. Depending on how they hire that help, they may suddenly have a household employee. For many...
If you were a student over the past year at college, you may be wondering if you have to file a tax return or if you can simply be claimed as your parents’ dependent. Working with...